Form 4: Driven Brands Director Catherine Halligan Reports Stock Transactions

Director Catherine Halligan reported the acquisition of 10,614 shares of Driven Brands Holdings Inc. common stock and the disposal of 22,033 shares on February 27, 2024.

Summary

• On February 27, 2024, Catherine Ann Halligan, a director of Driven Brands Holdings Inc., acquired 10,614 shares of common stock.
• The acquisition was made at a price of $0 per share.
• Halligan also disposed of 22,033 shares of common stock on the same day.
• Following these transactions, Halligan beneficially owns 22,033 shares of Driven Brands Holdings Inc.
• The reported transactions include restricted stock units (RSUs) that vest on February 27, 2025, contingent upon continued service.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company director, with neutral sentiment.

Future Outlook

The vesting of restricted stock units on February 27, 2025, is contingent upon the reporting person's continued service.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to the market regarding their investment activities in the company.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the director's investment decisions.

Key Dates